Celebrity action star Wesley Snipes was found not guilty to federal tax fraud and conspiracy charges, but was convicted on three misdemeanor counts of failing to file a tax return.

Washington policymakers have been struggling to keep the US out of recession, and confusion over the housing market has been making their job tougher. Have American consumers kept shopping or been forced to fall back?

Writedowns have been greater-than-expected from Swiss bank UBS, along with reports from some Japanese institutions. The total amount of subprime and CDO-related writedowns has increased to $120 billions, according to estimates.

The potential to redraw battle lines in a struggle for internet domination, Microsoft's bid for Yahoo could end up putting other companies in play. AOL has potential of being a buying target, which has been in the middle of a turnaround.

The Navy has decided to install an electromagnetic lab rail gun at the Surface Warfare Center in Dahlgren, Virginia, brining them one step closer to developing a ship-mounted version of the futuristic cannon.

A message from Microsoft executives to employees says "Yes, we've just kicked off a year-long $45 billion acquisition, and yes, your lives are going to be turned upside down. But don't let that distract you! Full steam ahead!"

Anti-Scientology agitators have continually harassed and threatened some sort of violence against a 59-year-old PG&E worker and his wife, who were mistakenly flagged as pro-Scientology hackers.

Rumors about the Dell GPhone are dead, but Apple has a new competitor now that GPS navigation company Garmin has developed their own smartphone for business called the Nüvifone, which is suppose to ship in the third quarter.

Further details have been fuzzy as of late, but according to an e-mail received by some tipsters, Microsoft has been offering a free copy of Vista in exchange for their privacy.

There is a report that the New England Patriots may have video taped the St. Louis Rams back in 2002 before Super Bowl XXXVI. This comes in the same season as the video controversy in the beginning of the season for taping the New York Jets.

On Craigslist, a woman had advertised that she was willing to hire an assassin to kill the wife of a man she had an affair with. The ads made by Ann Marie Linscott was posted in November as a generic request for somebody to take care of her problem.

When the MacBook Air was released to the public at Macworld, the people at Crave had a hard time thinking of what seemed so familiar. After some thought, the resemblance of the Macbook Air to the G4 Cube has risen to the occasion.

The advocacy group called Public Citizen has urged the FDA to immediately increase the warnings on Botox injections. The group has decided to petition US regulators to bolster health warnings on Botox, which is used by millions of people every year.

Virgin Galactic had final released the concept and design of a launch system that could take fare-paying passengers to space. Based on the award-winning concept of SpaceShipOne, Virgin introduces the SpaceShipTwo concept.

As reported in the Daily O'Collegian, Oklahoma State University researchers have been working with DARPA in creating a sophisticated, unmanned aircraft small enough to fit in a soldier's pocket.

Several months ago, Wizard Universe had released a list called "50 Greatest Fictional Weapons of All-Time. This list, as some have guessed, cause geeks to go up in arms. Did your favorite weapons make the list?

Phone theft has been reaching new heights in the cell phone business. What may be described as irrational phone thet has cropped up this week. 8.2 million dollars worth of T-mobile phones have "disappeared" from one of the company's warehouses.

Rumors are circulating about Apple's possible multi-touch trackpad being added to Apple's other line of notebooks to come. Just like how iSight video cams were becoming common on Apple's early computers, it may do the same with its trackpad feature.

Several retired federal drug enforcement agents have decided to sue NBC Universal because "American Gangster" had falsely made these DEA's look like villains in the story of Frank Lucas played by Denzel Washington.

The steroid scandal continued now with TV actors getting tested. NBC has tested all 12 of the new "American Gladiators" for performance enhancing drugs, according to a report in the authoritative trade magazine Broadcasting & Cable.